Thanh Thanh Cong - Bien Hoa Joint Stock Company explains the fluctuation in the semi-annual consolidated financial statements in the fiscal year 2020 – 2021 (from 07/01/2020 to 12/31/2020) before and after review as follows:
Item
Data after audit
Data before audit
Increase/(decrease)
(1)
(2)
(3)
(4) = (2) – (3)
Profit after tax
286,944,511,627
243,390,208,969
43,554,302,658
The Company’s reviewed profit before tax increased by 18% compared to the date before audit because of recording the increase in electricity sales according to Decision No.08/2020/QD-TTg dated March 05, 2020; and the change from interest expenses to capitalization to assets.